<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
balance sheets and statements of operations found on pages 3-5 of the
Company's Form 10-QSB for the year to date, and is qualified in its entirety
by reference to such financial statements.
</LEGEND>
<CIK> 0000789547
<NAME> ASHA CORPORATION
<PERIOD-TYPE>                   3-MOS
<FISCAL-YEAR-END>                          SEP-30-1997
<PERIOD-END>                               DEC-31-1997
<CASH>                                       1,961,721
<SECURITIES>                                         0
<RECEIVABLES>                                1,166,680
<ALLOWANCES>                                         0
<INVENTORY>                                          0
<CURRENT-ASSETS>                             3,202,791
<PP&E>                                         196,864
<DEPRECIATION>                                       0
<TOTAL-ASSETS>                               4,009,212
<CURRENT-LIABILITIES>                          295,508
<BONDS>                                              0
<COMMON>                                            87
<PREFERRED-MANDATORY>                                0
<PREFERRED>                                          0
<OTHER-SE>                                   3,713,617
<TOTAL-LIABILITY-AND-EQUITY>                 4,009,212
<SALES>                                        440,392
<TOTAL-REVENUES>                               440,392
<CGS>                                                0
<TOTAL-COSTS>                                        0
<OTHER-EXPENSES>                               769,453
<LOSS-PROVISION>                                     0
<INTEREST-EXPENSE>                                 394
<INCOME-PRETAX>                               (446,878)
<INCOME-TAX>                                         0
<INCOME-CONTINUING>                           (446,878)
<DISCONTINUED>                                       0
<EXTRAORDINARY>                                      0
<CHANGES>                                            0
<NET-INCOME>                                  (446,878)
<EPS-PRIMARY>                                    (.052)
<EPS-DILUTED>                                    (.052)